I am considering moving to Dubai and would love an up to date and realistic idea of what I can expect to pay for a one bedroom apartment, no further than 30 mins away from Atlantis Hotel, The Palm, Dubai. Can anyone offer me realistic prices as a guide please?
I agree that you should expect to budget 80k AED pa for a studio and up to 120k AED pa for a spacious 1 bed apartment. There is not much variation in prices in premium areas such as JLT, Marina and Sh Zayed Rd. There are plenty of 50k AED (or less) studios in Intl City, but you get what you pay for and this area is not to my liking (poor location and much lower standard of finish).
As a general tact I would look at any tower that has just been completed as many of these investors will be renting out their units so a huge volume of apartments will come to the market all at once. I have seen some landlords offering their apartments to rent by as much as 5-10% less just to get a quick tenant. This was the case in Damac's Lake Terrace in JLT.
I am negotiating an employement contract to be an expat in Dubai. I will bring my wife and our baby with me. I would apreciate if any one give me a hint about housing negotiation. How about a villa (small size not a huge one)with a swimming pool in a good neighbourhood would cost
